Not sure if anyone even reads this board, but received a Google alert about WTG this morning front prnewswire.com that I think some of us old shareholders may want to read:

LONDON and WASHINGTON, Aug. 10, 2015 /PRNewswire/ -- Russian businessman Maxim Finskiy has retained international legal counsel to represent him against a fabricated criminal investigation brought by the Russian authorities.

Finskiy, the founder and former Executive Chairman of White Tiger Gold Ltd. ("White Tiger"), was detained and placed under house arrest in Moscow in March 2015, in connection with an official "investigation" into the acquisition of underperforming White Tiger shares by individuals linked to the highest levels of the Russian government.

Facing extortionate demands for staggering sums of money, death threats, and no chance of fair treatment in the Russian judicial system, Finskiy fled Russia after learning that the officers conducting the investigation were acting under instructions from a high-ranking Russian government official who had invested in White Tiger, a BVI company publicly traded on the Toronto Stock Exchange. Finskiy saw no choice but to flee for his life, his lawyers say.

"The process unleashed against Mr. Finskiy has one clear goal: to steal his assets while he rots in jail," said Robert Amsterdam of Amsterdam & Partners LLP, one of the firms representing Mr. Finskiy. "There was no basis to initiate a criminal investigation or hold him under house arrest over an investment issue, even if the investors were influential Russians. Mr. Finskiy's case is, unfortunately, one more example of the all-too-familiar pattern under which powerful interests instrumentalize Russia's criminal justice system for outright theft, and it calls for further strengthening of legislation like the Magnitsky Act to stem the tide of abuse."

Finskiy is also represented by Harold E. Patricoff, Jr. of Shutts & Bowen LLP in Miami, a Florida-based law firm with approximately 250 attorneys in eight offices. Mr. Patricoff is Chairman of the firm's International Dispute Resolution Practice Group and a veteran of numerous cross-border disputes around the world. Shutts has also retained attorney and former Congressman Lincoln Diaz-Balart. Former Congressman Diaz-Balart will advise regarding federal legislation and regulatory matters such as the Magnitsky Act.

Amsterdam & Partners LLP is an international law firm with offices in London and Washington DC, specializing in political advocacy and cross-border disputes. Founded by Robert R. Amsterdam, legal counsel to former Yukos head Mikhail Khodorkovsky, the firm's list of client notables includes Russian State Duma Deputy Ilya Ponomarev, Prime Minister Thaksin Shinawatra of Thailand, and Zambia's President Rupiah Banda, among others.

Russian businessman Maxim Finsky, former director of the company Intergeo and former partner oligarch Mikhail Prokhorov, the head of the group of companies Onexim, has been detained and placed in the KGB detention center in Minsk, naviny.by reports with reference to the Russian site yodnews.ru.

A criminal case under Art. 159 p.4 of the Russian Criminal Code - "Fraud committed by an organized group or a large scale, or one that has deprived a citizen's right to housing" - was launched against Mr Finsky in Russia. Under this article, he could get imprisonment for up to 10 years with a fine of up to 1 million Russian rubles.

At first, Mr Finsky was held in jail, then he was transferred to house arrest.

According to yodnews.ru, the businessman cut the electronic bracelet monitoring his movements and drove to Minsk in the car of the Prokhorov security service.

Mr Finsky came to Belarus with an allegedly false passport in the name of a Vlasov. He planned to fly from Minsk to Frankfurt, and from there - to Miami.

Russian investigators arrived in Minsk to collect Mr Finsky, but they were denied extradition of the detainee.

The State Security Committee of Belarus did not confirm or deny the information that Maxim Finsky was being held in jail, sputnik.by reports.

According to a source close to law enforcement authorities of Belarus, Mikhail Prokhorov personally went to Minsk to help his associate.

The press service of the Onexim group told yodnews.ru that the location of Maxim Finsky is currently unknown. They also explained that Mr Finsky is a member of the board of directors of Intergeo - and that is "the only way it is connected to Onexim."

terrancekeenan said
He will buy his way out, I wonder if they will add more charges for escape and fleeing the county, if they find him!

I am happy he is on the run at least, they should confiscate all his assets for fleeing Russia to avoid jail.

Maxim Finsky, rot is jail, you rip off artist, con man, mafioso!

I also own all my original stock ....

TK

....

I also hold all of my original shares with an average price of $.85 and have had them for at least 7 years. As a result I am very interested in finding out why the share price has risen from .01 to .05 in a few weeks. I haven't been able to google any information so if anyone that is still reading this board can provide some explanation it would be much appreciated. I too hope that Finiskiy spends many years in prison - if they manage to catch him. He fleeced a lot of people including the miners, who were not paid at the end and the shareholders who trusted him.

Liabilities have been refinanced. As far as I understood they've been changed to unsecured and the interest rate went down to 2%. Mining process has bee restructured as well....

I really, really hope we hit your average price at $.85 !!! Would make me happy.... 😉

I'm in for about 3 years now and have been far too stubborn to sell at those silly prices around $.01 (or even less)..... P/B ratio is at $.125 at the moment. It's just the liabilities (430% of book-value) that make me nervous.... Even though they are "internally" financed and 70% of the shares are held by the owner, there should be some point when everyone says it's enough......

Average down..... hmmmm..... there could be some good chances... But putting even more money at risk ?? I was thinking about that while the price was at $.005-$.01 because the price made no sense at all. $1000 for 100K shares didn't look bad at that time. But like you, being already involved too deep and holding on to losses, even those $1000 have looked too much...

So in fact, I wouldn't know what to tell you about that..... They've done even some great progress in production and efficiency hitting production targets for 2015 already after Q3 and planning to produce a total of 25-28 koz this year. But.....

Yes, I hear you. I did pick up 10K at 0.04 as it only cost a few hundred dollars and I realize it is a gamble, but thought it was worth it. It's been a long time since this company has shown any signs of life so I am betting on the momentum to raise the price a bit higher. This is traditionally a good time for precious metals so hope that the gamble pays off in the next month or two.